FAQs

How long does it take to recast my mortgage and lower my monthly payment?

The overall process can take anywhere from 3 to 6 weeks.* The principal payment and recast fee must be applied to the loan in order for the process to start. Also, your loan must be current and remain in a current status in order for the recast to be completed.

*Certain conditions may extend the time frame to complete the recast process.